02-10-2012 12:02:12
STOCKS NEWS SINGAPORE-UOB raises target on Super Group to S$3.00
UOB Kay Hian raised its target price on Super Group Ltd
to S$3.00 from S$2.55 and maintained its 'buy' rating, citing the
company's good execution track record and upside potential from
rebranding efforts.
Super manufactures, packages
and distributes instant cereal flakes, beverages, coffee powder and
other convenience food products. Its shares were up 2.7 percent at
S$2.30 on Tuesday and have surged 75 percent so far this year.
UOB said a successful rebranding exercise could allow Super to
gradually raise product prices, which are currently 8-10 percent below
the levels of peers such as Nestle. This is critical amid volatile raw
material prices, UOB noted.
The brokerage said it also sees
promising growth prospects for consumer branded goods in key markets
such as Thailand and Myanmar, which could deliver top-line growth of
more than 10 percent per annum.
Monday, October 1, 2012
Wednesday, September 5, 2012
Offshore & Oil Services
*** 11:42 ***
STOCKS NEWS SINGAPORE-Smaller offshore firms attractive
- Maybank Maybank Kim Eng said robust activities in rig-building would filter down the value chain and it is time to start looking at the smaller offshore support services companies, many of which are trading at single-digit price-earnings ratios.
STOCKS NEWS SINGAPORE-Smaller offshore firms attractive
- Maybank Maybank Kim Eng said robust activities in rig-building would filter down the value chain and it is time to start looking at the smaller offshore support services companies, many of which are trading at single-digit price-earnings ratios.
Maybank's top pick is Ezion Holdings Ltd due to the company's expected earnings per share compound annual growth rate of 36 percent over the next three years.
In the offshore construction space, Ezra Holdings Ltd and Swiber Holdings Ltd have accumulated strong order books, Maybank said.
The broker also highlighted module fabricators like Dyna-Mac Holdings Ltd and Technics Oil and Gas Ltd , as well as offshore support vessel builders and charterers who may be potential beneficiaries.
Tuesday, September 4, 2012
MARKETS News - F&N, SGX, OCBC
GLOBAL MARKETS-Asian shares, euro fall, investors brace for ECB, US payrolls data
SE ASIA STOCKS-Flat to weaker; Vietnam bucks trend
STOCKS TO WATCH -- FRASER AND NEAVE LTD , ASIA PACIFIC BREWERIES - Singapore drinks and property conglomerate Fraser and Neave said on Wednesday it will release a circular to shareholders on Thursday laying out details on the proposed sale of its stake in Asia Pacific Breweries to Heineken, as well as its capital reduction plan. It will also set the date for a shareholder meeting.
SINGAPORE EXCHANGE LTD - Singapore Exchange said securities turnover fell 29 percent to S$29.4 billion ($23.6 billion) from a year earlier, but was up 11 percent from a month earlier. Daily average value was down 29 percent year-on-year at S$1.4 billion, but 16 percent higher month-on-month.
OVERSEA-CHINESE BANKING CORP - Singapore's OCBC said on Wednesday it had priced $1 billion of fixed rate subordinated notes. The notes are priced at 99.905 percent and will bear a coupon of 3.15 percent per annum from the issue date to March 2018.
(Source: Reuters via UOB Kayhian News Portal)
SE ASIA STOCKS-Flat to weaker; Vietnam bucks trend
STOCKS TO WATCH -- FRASER AND NEAVE LTD , ASIA PACIFIC BREWERIES - Singapore drinks and property conglomerate Fraser and Neave said on Wednesday it will release a circular to shareholders on Thursday laying out details on the proposed sale of its stake in Asia Pacific Breweries to Heineken, as well as its capital reduction plan. It will also set the date for a shareholder meeting.
SINGAPORE EXCHANGE LTD - Singapore Exchange said securities turnover fell 29 percent to S$29.4 billion ($23.6 billion) from a year earlier, but was up 11 percent from a month earlier. Daily average value was down 29 percent year-on-year at S$1.4 billion, but 16 percent higher month-on-month.
OVERSEA-CHINESE BANKING CORP - Singapore's OCBC said on Wednesday it had priced $1 billion of fixed rate subordinated notes. The notes are priced at 99.905 percent and will bear a coupon of 3.15 percent per annum from the issue date to March 2018.
(Source: Reuters via UOB Kayhian News Portal)
Sunday, July 15, 2012
Palm Oil Rises On Soyoil, China
*July 16, 2012 11:12 UTC+8
BMD Crude Palm Oil (CPO) Rises On Soyoil, China; MYR3,180 Resistance
*July 16 2012 12:45:00 PM
Crude Palm Oil Price: RM3129 ▲64 ▲2.09%, US $985
(Source: PalmOilHQ.com)
Monday, July 9, 2012
The ST outlook remains bullish.
| 10 July 2012 (Extracted from Macquarie Singapore Daily Newsletter) Singapore |
| The Straits Times index declined by 1.66% on Monday. After the closing bell, 90% of the index constituents were above their 20D MA (vs 97% last Friday), and 87% of the shares were above their 50D MA (vs 93%). From a chartist standpoint, the index corrected on the downside yesterday, as the RSI (14) is reversing down from its "overbought" area at 70%. Nevertheless, the ST bias is still bullish, as the index remains well supported by its rising 20-day simple moving average, which has just crossed above the 50-day one (a bullish signal). To sum up, as long as the key support at 2845 holds on the downside, expect a limited consolidation before a new bounce to 3030 and 3110 in extension. |
Tuesday, July 3, 2012
OCBC raises Golden Agri target price
04-07-2012 09:25:25 (UOB-KH Online News)
STOCKS NEWS SINGAPORE-OCBC raises Golden Agri target price
STOCKS NEWS SINGAPORE-OCBC raises Golden Agri target price
OCBC Investment Research raised its target price for palm oil firm Golden Agri-Resources Ltd to S$0.81 from S$0.74 and kept its 'buy' rating, citing a possible recovery in crude palm oil (CPO) prices.
By 0114 GMT, Golden Agri shares were flat at S$0.72, and have gained 0.7 percent since the start of the year, underperforming the benchmark Straits Times Index's 12 percent rise.
Golden Agri, the second largest palm oil plantation owner in the world, stands to benefit from a rebound in CPO prices, OCBC said.
"We believe that a recovery of CPO prices is likely, given the concerns over the impact of a prolonged drought in the U.S. mid-west, affecting the potential supply of soybean crop," OCBC said in a report.
Soybean and CPO prices have a strong correlation of 0.85, indicating that CPO prices will likely mirror a rise in soybean prices, it added.
0916 (0116 GMT) (Reporting by thomsonreuters.com)Monday, June 25, 2012
Global & Local Market Update, June 26
26-06-2012 08:10:08
SINGAPORE, June 26 (Reuters) - Following are some company-related and market news which could have an impact on the local market.
SINGAPORE, June 26 (Reuters) - Following are some company-related and market news which could have an impact on the local market.
*MARKET SNAPSHOT @ 2357 GMT :
- INSTRUMENT LAST PCT CHG NET CHG -
DOW JONES <.DJI> 12502.66 -1.09% -138.12
S&P 500 <.SPX> 1313.72 -1.6% -21.300
USD/JPY 79.65 0.04% 0.030
SPOT GOLD 1585.28 0.08% 1.200
US CRUDE 79.3 0.11% 0.090
---------------------------------------------------------
* GLOBAL MARKETS
-Stocks, euro slide on European summit doubts [MKTS/GLOB]
-SE ASIA STOCKS-Philippine up on earnings hopes [.SO]
* LOCAL STOCKS
- Oversea-Chinese Banking Corp said on Monday it is setting aside another S$500 million ($391.5 million) to buy its shares from the market.
- Interra Resources said its jointly controlled entity Goldpetrol Join Operating Company Inc has started drilling at two of its wells in the Chauk oil field in Myanmar.
Sunday, June 24, 2012
Bullish Signals 买进股票的10大讯号
(For education purpose, extracted from Annainvestor.com)
By anna On May 1, 2012 ·
买进股票的10大讯号1. 长期萎缩并且有若一滩止水的成交量，突然出现大于过去5日均量3倍以上的大量。股价又难以上涨作收。
2. 由成交量连线而成的量能先完成头肩底。V，w 型，等底部图形 。《量通常会走在价的前面至少5-7个交易日，就像是一面镜子，想知道价会怎么发展，先看量怎么走》
3. 行情下滑过程中， 周量连续两周急缩并创下波段最底周量，股价却出现止跌或者缓慢上升的背离现象。《耐心观察周量，将会比急着观察日量更能洞悉趋势》
4. 行情低迷下，再爆利空，股价卻连续两天不跌反涨，成交量明显增加。《想卖的都已卖光了，嗅觉灵敏的大户显然开始进场了》
5. 大涨一波的强势股初次拉回整理后，再度突破波段高点。《尚若错失了第一波行情，别难过，只要耐心等待，经常可以参与第二波的更大涨势。》
6. 股价一周来出现剧烈震荡，但是一最高价作收，10日平均移动线翻上。
7. 股价连续几天急挫之后，当日再跳空开底，但却以涨停或留长下影线的大移转作收。
8. 低迷行情中，周线静悄悄的出现两绿，起涨周的成交量大于过去周量的25%以上。《行情虽然低迷，至少也应一周观盘一次，尤其是要观察周线与周量的变化》
9. 类股中排名第一 二 的龙筹股双双走强，连续大涨3天或者是在5个交易日之中有4天上涨。《母鸡才能带动小鸡》
10. 股价跌进了个股 《地心吸引力线》下方20%的《地心引力区》之后，突然出现大于5日均量3倍以上的大量，股价又收绿。《地心引力区。已是严重超跌区域，股价几乎躺平了的时候，竟还会冒出大量，这难道是散户的杰作？别开玩笑了》
《地心引力区，是超跌区域，在这么低迷的气氛下，突然冒出大量，是谁在趁机买进？肯定不是散户》。
By anna On May 1, 2012 ·
买进股票的10大讯号1. 长期萎缩并且有若一滩止水的成交量，突然出现大于过去5日均量3倍以上的大量。股价又难以上涨作收。
2. 由成交量连线而成的量能先完成头肩底。V，w 型，等底部图形 。《量通常会走在价的前面至少5-7个交易日，就像是一面镜子，想知道价会怎么发展，先看量怎么走》
3. 行情下滑过程中， 周量连续两周急缩并创下波段最底周量，股价却出现止跌或者缓慢上升的背离现象。《耐心观察周量，将会比急着观察日量更能洞悉趋势》
4. 行情低迷下，再爆利空，股价卻连续两天不跌反涨，成交量明显增加。《想卖的都已卖光了，嗅觉灵敏的大户显然开始进场了》
5. 大涨一波的强势股初次拉回整理后，再度突破波段高点。《尚若错失了第一波行情，别难过，只要耐心等待，经常可以参与第二波的更大涨势。》
6. 股价一周来出现剧烈震荡，但是一最高价作收，10日平均移动线翻上。
7. 股价连续几天急挫之后，当日再跳空开底，但却以涨停或留长下影线的大移转作收。
8. 低迷行情中，周线静悄悄的出现两绿，起涨周的成交量大于过去周量的25%以上。《行情虽然低迷，至少也应一周观盘一次，尤其是要观察周线与周量的变化》
9. 类股中排名第一 二 的龙筹股双双走强，连续大涨3天或者是在5个交易日之中有4天上涨。《母鸡才能带动小鸡》
10. 股价跌进了个股 《地心吸引力线》下方20%的《地心引力区》之后，突然出现大于5日均量3倍以上的大量，股价又收绿。《地心引力区。已是严重超跌区域，股价几乎躺平了的时候，竟还会冒出大量，这难道是散户的杰作？别开玩笑了》
《地心引力区，是超跌区域，在这么低迷的气氛下，突然冒出大量，是谁在趁机买进？肯定不是散户》。
Crude Palm Oil Price Update
June 25, 2012 11:09 UTC+8
BMD Crude Palm Oil (CPO) At 3-Week High On US Weather; May Rise More
BMD Crude Palm Oil (CPO) At 3-Week High On US Weather; May Rise More
June 25 2012 11:00:44 AM
RM3042 ▲89 ▲3.01% US $952
(Source: http://www.palmoilhq.com/)
COMMODITIES REBOUND?
25-06-2012 10:53:30 (Extracted from UOB-KH Online News, Source: Reuters)
Commodities, which fell sharply last week on global growth fears, were firmer on Monday, with Brent crude oil gaining 10 cents to clamber back above $91 a barrel and copper bouncing 1 percent to around $7,383 a tonne. [O/R] [MET/L] Brent crude had fallen nearly 7 percent last week, while copper lost more than 2.5 percent.
Gold , which lost nearly 3.5 percent last week amid fears developed economies could be sliding towards deflation, firmed a touch to around $1,573.50 an ounce. [GOL/] But other assets linked to expected demand for commodities remained under pressure, with mining stocks such as BHP Billiton and Rio Tinto falling and the Australian dollar easing 0.3 percent to around $1.0020.
((To read Reuters Global Investing Blog click on http://blogs.reuters.com/globalinvesting ; for the MacroScope Blog click on http://blogs.reuters.com/macroscope) ((For the state of play of Asian stock markets please click on: <0#.INDEXA>))
Commodities, which fell sharply last week on global growth fears, were firmer on Monday, with Brent crude oil gaining 10 cents to clamber back above $91 a barrel and copper bouncing 1 percent to around $7,383 a tonne. [O/R] [MET/L] Brent crude had fallen nearly 7 percent last week, while copper lost more than 2.5 percent.
Gold , which lost nearly 3.5 percent last week amid fears developed economies could be sliding towards deflation, firmed a touch to around $1,573.50 an ounce. [GOL/] But other assets linked to expected demand for commodities remained under pressure, with mining stocks such as BHP Billiton and Rio Tinto falling and the Australian dollar easing 0.3 percent to around $1.0020.
((To read Reuters Global Investing Blog click on http://blogs.reuters.com/globalinvesting ; for the MacroScope Blog click on http://blogs.reuters.com/macroscope) ((For the state of play of Asian stock markets please click on: <0#.INDEXA>))
Thursday, June 21, 2012
STOCKS NEWS SINGAPORE
22-06-2012 13:09:42
Singapore shares slid to a one-week low, in line with other Asian bourses as weak manufacturing data from the United States, Europe and China fuelled concerns over the global economy.
Singapore shares slid to a one-week low, in line with other Asian bourses as weak manufacturing data from the United States, Europe and China fuelled concerns over the global economy.
By 0442 GMT, the benchmark Straits Times Index <.FTSTI> was down 0.4 percent at 2,818.63 points, but recovering from an intraday low of 2,798.84.
Rig builder Sembcorp Marine Ltd was the largest loser on the index, retreating 2.2 percent to S$4.54 as weak oil prices also hurt sentiment. Larger rival Keppel Corp Ltd lost 1.5 percent at S$10.06.
Wednesday, June 20, 2012
Palm edges up on U.S. dry weather outlook
Published : Tuesday June 19, 2012 MYT 1:23:00 PM
(Malaysia Star)
Malaysian palm oil futures gained on Tuesday on expectations of higher demand as dry U.S. weather could damage the soybean crop further, tightening global edible oil supply. A victory by pro-bailout parties in the Greek polls over the weekend appears to have lessened the risk for a renewed financial crisis, sending palm oil futures to close just below the RM2,900-mark on Monday. But as optimism began to fade in financial markets, dry weather cues came into play as the U.S. Department of Agriculture (USDA) said unfavourable weather had damaged soybean crop quality. "Prices should remain positive with the Greeks behind us. Dry weather in the U.S. Midwest also supports a bullish stance," said a trader with a local commodities brokerage in Malaysia.Sunday, June 17, 2012
Palm Oil
SINGAPORE, June 15 (Reuters)
- Malaysian palm oil futures closed slightly higher on Friday,
driven by rising exports and stronger global markets, although
gains were limited by jitters ahead of the Greek polls set for
this weekend. Investors took comfort in the news that major
central banks were preparing to take steps to stabilise financial
markets, providing support for palm oil prices.
Global Outlook, 18 June
UOB-KH News, 18-06-2012 08:18:01
GLOBAL MARKETS-Euro jumps in relief rally after Greek vote [MKTS/GLOB] SE ASIA STOCKS-Singapore, Thai stocks lead gains on week[.SO]
MARKET NEWS > US futures rise after Greek election [.N] > US bond futures drop on Greek election result [US/] > Euro reaches one-month high on Greek vote results [USD/] > Gold falls after Greek vote, snaps 6-day rise [GOL/] > Oil up as pro-bailout Greek parties set for majority [O/R]
GLOBAL MARKETS-Euro jumps in relief rally after Greek vote [MKTS/GLOB] SE ASIA STOCKS-Singapore, Thai stocks lead gains on week[.SO]
MARKET NEWS > US futures rise after Greek election [.N] > US bond futures drop on Greek election result [US/] > Euro reaches one-month high on Greek vote results [USD/] > Gold falls after Greek vote, snaps 6-day rise [GOL/] > Oil up as pro-bailout Greek parties set for majority [O/R]
Saturday, June 16, 2012
全球央行部署防希臘大選衝擊 國務院研究員﹕希倘脫歐 華增長難保七
Concerns of Greek election, Central Banks, and China Growth
全球央行部署防希臘大選衝擊 國務院研究員﹕希倘脫歐 華增長難保七
全球央行部署防希臘大選衝擊 國務院研究員﹕希倘脫歐 華增長難保七
Wednesday, June 13, 2012
Golden Agri (GAR) rebounce/reversal
Downtrend since April, rebounce nicely fr Base .61
Today it broke Resistance of MA20~.64 wif volume, also broke downtrendline ~.645
Other bullish signals: three white soldiers, bullish divergence, bullish crossovers for Stoch n Macd, ADX +DI also hookup
Sup/Res=0.62/.67-.70
FA factor: Outlook of palm oil demand
Downtrend since April, rebounce nicely fr Base .61
Today it broke Resistance of MA20~.64 wif volume, also broke downtrendline ~.645
Other bullish signals: three white soldiers, bullish divergence, bullish crossovers for Stoch n Macd, ADX +DI also hookup
Sup/Res=0.62/.67-.70
FA factor: Outlook of palm oil demand
Friday, May 11, 2012
11-05-2012 12:47:54
STOCKS NEWS SINGAPORE-Shares down at midday, Genting drags
Singapore shares fell by midday, dragged down by casino operator Genting Singapore PLC and investors retreating from risky assets on concerns about global growth.Genting shares plunged as much as 4.5 percent to a two-month low after it posted a decline in quarterly earnings and several brokerages lowered their target prices.
"If you look at the latest economic data that we've had this week, export growth is slowing in China and in Taiwan. People are reassessing growth expectations." 1221 (0421 GMT) (Reporting by Charmian Kok in Singapore; charmian.kok@thomsonreuters.com) ************************************************************
CityDev shares were 0.2 percent lower at S$10.20, but have gained about 15 percent since the start of the year.CityDev, Southeast Asia's second-largest developer, posted a 45 percent drop in first-quarter net profit to S$156.8 million on Thursday, hurt by lower margins from property development and an absence of one-time gains.
************ 11:21 UPDATE 1-STOCKS NEWS SINGAPORE
-Brokers upgrade Noble after results. Several brokers upgraded their ratings on Noble Group Ltd , citing an improved outlook after the Singapore-listed commodities company posted its first-quarter results.
Noble shares were down 1.3 percent at S$1.155 at 0316 GMT, slightly underperforming the broader Straits Times Index <.FTSTI> which lost 0.6 percent. Noble stock has gained more than 2 percent so far this year.
CIMB Research said a strong rebound in Noble's energy and metals, minerals and ores segment more than offset seasonal weakness from its agricultural division in its first quarter. Noble will be a beneficiary of improving economies and new Chief Executive Yusuf Alireza brings a renewed focus on profits, CIMB added. It upgraded Noble to outperform from trading buy and raised its price target to S$1.42 from S$1.40.
DMG & Partners Securities said it was positive on Noble on the back of increased confidence in its earnings outlook, stronger performance from sugar with the April-December production cycle and potentially better crushing margins in China.
*********************************************************
11:05 STOCKS NEWS SINGAPORE:
Fortune REIT rises after broker upgrade Shares of Singapore-listed Fortune Real Estate Investment Trust FORT.SI rose as much as 3.6 percent to a four-year high after it reported a rise in its distribution income for the first quarter.
Units of Fortune REIT were up 2.6 percent at HK$4.28, and have gained about 14 percent since the start of the year.
*********************************************************
08:41 STOCKS NEWS SINGAPORE
-Index futures down 0.2 pct Singapore index futures fell 0.2 percent on Friday, indicating the benchmark Straits Times Index <.FTSTI> is likely to open down.
Asian shares retreated early on Friday, spooked by JPMorgan's $2 billion huge loss from a failed hedging strategy, with investors warily watching political turmoil in the euro zone as they await new Chinese data for clues on its growth outlook.
STOCKS NEWS SINGAPORE-Shares down at midday, Genting drags
Singapore shares fell by midday, dragged down by casino operator Genting Singapore PLC and investors retreating from risky assets on concerns about global growth.Genting shares plunged as much as 4.5 percent to a two-month low after it posted a decline in quarterly earnings and several brokerages lowered their target prices.
"If you look at the latest economic data that we've had this week, export growth is slowing in China and in Taiwan. People are reassessing growth expectations." 1221 (0421 GMT) (Reporting by Charmian Kok in Singapore; charmian.kok@thomsonreuters.com) ************************************************************
CityDev shares were 0.2 percent lower at S$10.20, but have gained about 15 percent since the start of the year.CityDev, Southeast Asia's second-largest developer, posted a 45 percent drop in first-quarter net profit to S$156.8 million on Thursday, hurt by lower margins from property development and an absence of one-time gains.
************ 11:21 UPDATE 1-STOCKS NEWS SINGAPORE
-Brokers upgrade Noble after results. Several brokers upgraded their ratings on Noble Group Ltd , citing an improved outlook after the Singapore-listed commodities company posted its first-quarter results.
Noble shares were down 1.3 percent at S$1.155 at 0316 GMT, slightly underperforming the broader Straits Times Index <.FTSTI> which lost 0.6 percent. Noble stock has gained more than 2 percent so far this year.
CIMB Research said a strong rebound in Noble's energy and metals, minerals and ores segment more than offset seasonal weakness from its agricultural division in its first quarter. Noble will be a beneficiary of improving economies and new Chief Executive Yusuf Alireza brings a renewed focus on profits, CIMB added. It upgraded Noble to outperform from trading buy and raised its price target to S$1.42 from S$1.40.
DMG & Partners Securities said it was positive on Noble on the back of increased confidence in its earnings outlook, stronger performance from sugar with the April-December production cycle and potentially better crushing margins in China.
*********************************************************
11:05 STOCKS NEWS SINGAPORE:
Fortune REIT rises after broker upgrade Shares of Singapore-listed Fortune Real Estate Investment Trust FORT.SI rose as much as 3.6 percent to a four-year high after it reported a rise in its distribution income for the first quarter.
Units of Fortune REIT were up 2.6 percent at HK$4.28, and have gained about 14 percent since the start of the year.
*********************************************************
08:41 STOCKS NEWS SINGAPORE
-Index futures down 0.2 pct Singapore index futures fell 0.2 percent on Friday, indicating the benchmark Straits Times Index <.FTSTI> is likely to open down.
Asian shares retreated early on Friday, spooked by JPMorgan's $2 billion huge loss from a failed hedging strategy, with investors warily watching political turmoil in the euro zone as they await new Chinese data for clues on its growth outlook.
Tuesday, March 6, 2012
SembMar (SMM) 3% stake changing hand
| | SembMar (SMM) 3% stake changing hand This morn, SMM gapped down from 5.40 (prev close) to 5.20 (open) to mid-day low 5.12 due to Temasek sel ling 3% stake in SMM. I checked my UOBKH trades journal, it included 62.4 million shares' married deal at 5.25 (not shown in the daily chart as tx in pre-trading hours not included). Hence, 5.25 could be used as the reference for valuating SMM's fair value. Of interest to SMM and SembCorp shares holders is that Temasek still holds 49.5+ % of SembCorp which in turn holds controlling interest in SMM [reported on the ST paper today]. TA-wise, the daily chart BB is squeezing, the hourly chart stoch hooked up from oversold zone n Macd turns 4r3g, seems to suggest tt the stock may consolidate abv 5.12 with immediate Resistance DMA20~5.25 (is also the price of the married deal  ). |
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